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Brian - do you know when the last rent review was?
The rent increasing from £1300 to £1500 is 15% which is a lot with inflation at 4% but if it is the first rent review for, say 5 or 6 years, then it would not be so bad.
Dont get me wrong. I am not defending a large rent increase. It is difficult for a town centre business to manage in these difficult times but to be able to judge how bad it is we need to see it in this perspective.
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